Mobile, AL High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mobile, Alabama Market population: 195K. Compare commercial properties across all major asset classes with...
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10 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Mobile AL Properties: 3.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Mobile AL
Common questions from investors exploring commercial real estate in Mobile AL.
What's the overall investment outlook for Mobile, AL, considering its demographic and economic trends?
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The 21.7% poverty rate combined with an 87.3% health insurance coverage rate suggests a working-class market with employment stability, while the top industries in Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing indicate a diverse economy. The 20.8-minute average commute time and 54.0% homeownership rate also point to a stable quality of life.
How does the ethnic diversity and income inequality in Mobile impact the rental market?
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The city's ethnic diversity, with 35.6% Black, 30.1% White, and 29.1% White Non-Hispanic populations, contributes to a vibrant cultural scene, while the 0.512 GINI coefficient indicates a moderate level of income inequality. This, combined with a median household income of $38,644, suggests a rental market with a mix of affordable and higher-end options.
What are the key factors influencing property values and rental yields in Mobile?
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The median property value of $124,300 and median property taxes of $43,647 are relatively affordable, making it an attractive market for investors. The 20.8-minute average commute time, 87.3% health insurance coverage, and diverse top industries also contribute to a stable and growing property market, with potential for strong rental yields.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors in Mobile?
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The 20.8-minute average commute time, with top commute methods including driving alone, carpooling, and working from home, indicates a relatively convenient and flexible transportation infrastructure. This, combined with the 87.3% health insurance coverage and 54.0% homeownership rate, suggests a high quality of life for residents and a stable market for investors.
What are the implications of the poverty rate and employment trends for tenant quality and rental income stability in Mobile?
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The 21.7% poverty rate, although relatively high, is mitigated by the 87.3% health insurance coverage and 79,563 employed population, indicating a degree of employment stability. The top industries in Agriculture, Forestry, Fishing & Hunting, & Mining, and Finance & Insurance, & Real Estate & Rental & Leasing also suggest a diverse economy, which can contribute to a stable rental income stream for investors.
Mobile AL Real Estate & City Facts
Key facts and real estate information about Mobile AL.
What are some of the best neighborhoods to live in Mobile?
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Some of the best neighborhoods to live in Mobile include Ashland Place, Country Club Estates, Jackson Heights, Berkleigh, Llanfair, Marchfield, Muir Woods, Regency Oaks, Satsuma, Carlen, Central Business District, Parkhill, and Saraland. Each neighborhood has its unique character and advantages, so it's essential to research and visit them to find the one that suits your lifestyle and preferences.
What are some fun things to do in Mobile?
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Mobile offers a wide range of activities and attractions, including visiting the USS ALABAMA Battleship Memorial Park, exploring the Mobile Carnival Museum, and taking walking tours. You can also visit the Mobile Museum of Art, Dauphin Island, and Fort Gaines. Additionally, the city hosts various festivals and events throughout the year, so be sure to check the local calendar to catch something exciting.
What is the food scene like in Mobile?
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Mobile's food scene is diverse and delicious, with a mix of seafood, BBQ, and fine dining options. Some popular restaurants include Wintzell's Oyster House, The Noble South, Dauphin's, Half Shell Oyster House Mobile, Le Moyne's Chophouse, and Dew Drop Inn. There are also plenty of great food trucks and casual eateries to try. Be sure to check out the local seafood markets and try some of the city's famous Gulf Coast cuisine.
What are the pros and cons of living in Mobile?
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Living in Mobile has its pros and cons. On the plus side, the city has a rich history, a vibrant cultural scene, and a VIBRANT community. The cost of living is relatively low, and there are plenty of outdoor activities to enjoy, such as visiting the beach or exploring the nearby parks. However, some areas of the city can be prone to flooding, and traffic can be a challenge during rush hour. Additionally, the summer heat and humidity can be intense. Overall, Mobile is a great place to live for those who value a relaxed, small-town atmosphere and are willing to tolerate some of the challenges that come with living in a coastal city.
Is Mobile a good place to live?
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Mobile is a great place to live for those who value a relaxed, small-town atmosphere and are looking for a city with a rich history and culture. While it has its challenges, such as flooding and traffic, the city's advantages, including its low cost of living, beautiful parks, and vibrant community, make it an attractive option for many people. Ultimately, whether Mobile is a good place to live depends on your individual preferences and priorities. If you're looking for a city with a strong sense of community and a relaxed pace of life, Mobile may be an excellent choice for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Mobile AL Commercial Property: $38,644
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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